leonel750 leonel750

02-05-2024
Mathematics

Answered

Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?
$1,200
$1,500
$800
$1,000
4

Answer :

kyanoma kyanoma

02-05-2024

Answer:

$1,200

Step-by-step explanation:

To calculate interest we use the equation: Principal × Rate × Time

Therefore,

Interest = $4,000 × 0.06 × 5 = $1,200

Answer Link

Other Questions

Which quadratic function in standard form has the values [tex]a=-3.5, b=2.7, \text{ and } c=-8.2[/tex]?A. [tex]f(x) = 2.7x^2 - 8.2x - 3.5[/tex]B. [tex]f(x) = 2.

Cthe Coffect answer from each drop-down menuDIn the figure, the radius of the partial circle with center A is 4 feetThe perimeter of the figure isfeet, and the

You start with a flat square of paper, fold it one or more times, then punch a hole through it while folded. You then unfold the square of paper. Where do the h

Identify the property used in this equation:[tex](-2) + 6 + 1 = 1 + 6 + (-2)[/tex]

The subdivision of the peripheral nervous system with a name that means "to leave", is the ______ division that transmits signals from the central nervous syste

What challenges do transgender athletes face regarding sportsmanship in competitive environments?

Collagen is a thick protein fiber while elastin is a thin protein fiberA. TrueB. False

1. Find cos angle PAQ for the followings.(a) P(1,2,-1), A(-2, 1,5), Q(2,-1,0)(b) P(0,2,-3), A(2,-1,5), Q(-2,3,-1)

What documentary type is “F for fake” by Orson Welles

Lady Liberty’s invitation from Emma Lazarus’s poem, "Give me your tired, your poor..." taps into which of the forms of proof?A. EthosB. MythosC. PathosD. Logos

After the first 15 minutes of laying down cement, you have used 1/5 of the bag. What is the rate you are laying cement in bags per hour?

Coastal regions have abundant flora and fauna. The climate in coastal regions is moderated by warmer ocean waters. Which sentence combines the two sentences usi

12 dogs decreased by 25%

What is equivalent to 4 7? What is the answer

what events led to the new creation of this new nation

of the 600 peaches in morgans orchard 60% will be sold to a local fruit stand how many will be sodl

the lend lease act was an attempt by the United States to

Convert to exponential form: log 1000=3

identify each as an expression or an equation 8x-3

why did the US believe we should take the Mexican territory, especially California?